Company Registration No. 12303411 (England and Wales)
Fourone Associates Ltd
Unaudited accounts
for the year ended 30 November 2023
Fourone Associates Ltd
Unaudited accounts
Contents
Fourone Associates Ltd
Company Information
for the year ended 30 November 2023
Directors
Benjamin Magor
Christopher Hoare
Ross Foster
Company Number
12303411 (England and Wales)
Registered Office
167-169 Great Portland Street
London
W1W 5PF
Fourone Associates Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
7,484
5,529
Cash at bank and in hand
207,245
135,860
Creditors: amounts falling due within one year
(124,991)
(95,036)
Net current assets
146,807
126,106
Net assets
159,541
136,885
Called up share capital
300
300
Profit and loss account
131,764
136,585
Shareholders' funds
159,541
136,885
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2024 and were signed on its behalf by
Ross Foster
Director
Company Registration No. 12303411
Fourone Associates Ltd
Notes to the Accounts
for the year ended 30 November 2023
Fourone Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 12303411. The registered office is 167-169 Great Portland Street, London, W1W 5PF.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Computer equipment
20% Straight Line
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
2,808
4,200
7,008
At 30 November 2023
2,808
8,396
11,204
At 1 December 2022
562
917
1,479
Charge for the year
562
1,679
2,241
At 30 November 2023
1,124
2,596
3,720
At 30 November 2023
1,684
5,800
7,484
At 30 November 2022
2,246
3,283
5,529
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Investments
Other investments
Valuation at 1 December 2022
5,250
Valuation at 30 November 2023
5,250
Fourone Associates Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
37,076
85,282
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
12,862
1,396
Taxes and social security
87,739
51,861
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Average number of employees
During the year the average number of employees was 3 (2022: 3).